Uncover key insights from our latest CFO Forum, where over 100 CFOs and FDs came together to discuss their experiences of driving change in their organisations – from navigating dissenting opinions to overcoming change fatigue.
Catch up on the CFO panel
We were fortunate to be joined by three experienced finance leaders who have led on a wide range of changes initiatives successfully: Head of Global Business Services at Burberry Rob Blomfield, CFO at Peter Vardy Group Claire Maith, and Global CFO at Dentons Global Advisors Susan Feilding.
Catch up on the panel session to hear about their experiences and their top tips for other finance leaders looking to support on or drive change programmes.
What actions can you take?
Head of Transformation Carolyn Hicks shares guidance on overcoming common roadblocks faced by finance leaders looking to drive transformation in their organisations.
Watch the recording for key insight on:
- the role of emotional intelligence in change management
- how to involve your people in decisions related to change
- recognising and leveraging your people’s intrinsic motivations
- the three ‘C’s of combatting change fatigue.
Download the 'How you can make change happen' presentation slides
Key takeaways from attendees
- “Sometimes we get caught up in the clear benefits to the business and forget to factor in the human element of ‘what’s in it for me?’ that our teams are naturally thinking about. Everyone has their own intrinsic motivations, and tapping into those will help get people on your side.”
- “I've found it important to remember not only to communicate with people at the point of starting to implement change, but throughout. Particularly by celebrating successes and directly relating that back to people. This has improved morale and proves that the initiative has worked, making it easier to implement future change.”
- "We need to build a clear roadmap and focus on one thing at a time. We've tried to do much at once, leading to change paralysis and nothing moving forwards."
- “We're aiming to get a significant percentage of the finance team specialist change training, regardless of how senior or junior they are. Working on change programmes effectively requires a lot of skills that aren't used day-to-day, and that aren't taught in accountancy exams, so we can't expect people to be perfect at it with no training."
- “Involving people in decisions related to change is crucial. While it's not feasible to involve everyone all the time, creating diverse working groups representing different teams and perspectives can lead to better, pragmatic decisions.”
How can a Transformation Room support you?
As many event attendees shared with us, there has never been greater pressure on finance leaders to react quickly to change.
To help you act effectively and with agility, the transformation room half-day virtual workshop led by our experts provides:
- an independent analysis of your plans that complements your own knowledge and understanding
- challenging and critical input to help refine and shape your thinking, based on our extensive experience of seeing success and failures
- deep insight and subject area expertise, capable of identifying which businesses are going to succeed and which are more likely to fail.
The virtual workshops are facilitated by cutting edge collaboration technology: Miro.
